Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, o...
Tag: Financials
Kohl’s stock drops after announcing second-quarter financials
Kohl’s (NYSE: KSS) reported a $1.11 EPS in the second quarter of the 2022 financial year, which was $0.01 less than the $1.12 analyst estimate. In the same quarter, the company recorded tot...
Climate change is making some homes too costly to insure
Firefighters pull up to a burning house during the Kincade fire in Healdsburg, California, on Oct. 27, 2019. Josh Edelson | Afp | Getty Images As climate change threatens the U.S. with more natural di...
Match Group is down 20% after announcing second-quarter financials
Match Group (NASDAQ: MTCH) stock dropped 20% after recording a second-quarter EPS of 11c, which is 68c less than the 57c analyst estimate. Total revenue in the same quarter came to $794.5 million, whi...
What this ‘play the recovery’ strategy says about hot bond demand
A recent trend in the exchange-traded funds market suggests bond demand is far from cooling. Corporate, government and high-yield bond ETFs saw inflows last month after lower bond prices and higher yi...
Here are both sides of the argument on why a recession is debatable
If you’re unsure if the U.S. economy is in a recession, you’re not alone. Gross domestic product has declined in back-to-back quarters this year, which is a common signal to market watcher...
Ford is up 5% after announcing its second quarter financials
Ford (NYSE: F) shares rose 5% after the leading auto manufacturer announced better-than-expected second-quarter financial for the 2022 financial year. Ford beats analyst consensus Ford reported an ad...
Chipotle shares up 10% after announcing its financials for the second quarter
Chipotle Mexican Grill (NYSE: CMG) stock went up 10% after announcing its second quarter financials for the year 2022. The fast-food chain known for its Mexican-inspired cuisine beat most analyst esti...
Impact investing opportunities with Vanguard despite ESG concerns
It’s a fund looking to make money from green investing. The inclusive, actively managed Vanguard Baillie Gifford Global Positive Impact Stock Fund (VBPIX) is an environmental, social and governa...
5 Big Banks With A Bright Future
In this Tuesday, Jan. 18, 2011, photo, a Morgan Stanley billboard is displayed in Times Square, New … [+] York. Morgan Stanley said Thursday, July 19, 2012, its revenue fell sharply in the secon...
New way to short Tesla with AXS Investments ETF
Investors have a new way to make bullish and bearish bets on large-cap stocks. AXS Investments launched eight of 18 approved single-stock leveraged ETFs this month. The funds aim to increase exposure ...
The wealthy now have more time to avoid estate taxes
If your family has significant wealth, it’s now easier to avoid federal estate taxes, thanks to recent changes from the IRS. The IRS improved a strategy known as “portability,” used ...
Blackstone Earnings Are Coming. What to Expect.
Text size Blackstone is expected to produce Q2 results of $1.43 a share in distributable earnings. Angus Mordant/Bloomberg Blackstone will kick off earnings season for alternative asset managers when ...
These new ETFs are burning the midnight oil to make investors money
Two new ETFs out this summer are working the overnight shift. The NightShares 500 [NSPY] and NightShares 2000 ETFs [NIWM] are doing something no ETF has done before: Take advantage of the so-called &#...
This type of ETF is seeing near-record inflows and pays dividends
It’s a type of ETF seeing near-record inflows. New data shows dividend exchange-traded funds totaled almost $50 billion in fresh money in the first half of 2022, according to Todd Rosenbluth of ...
World’s largest bitcoin fund sues SEC over crypto ETF rejection
Digital currency asset manager Grayscale is in a legal fight with the U.S. Securities and Exchange Commission over its latest rejection of the company’s prospective spot bitcoin exchange-traded ...
Investor delivers new tech ‘bubble’ warning
The recent tech rally may be doomed. Money manager Dan Suzuki of Richard Bernstein Advisors warns the market is far from bottoming — and it’s a concept investors fail to grasp, particularly when...
Can Pac-12 Replace USC And UCLA And Turn The Conference Financials Around?
Photo by Kirby Lee/WireImage. WireImage LAS VEGAS, NEVADA – MARCH 10: UCLA Bruins cheerleaders perform as the team takes on the Washington … [+] State Cougars during the Pac-12 Conference ...
RBC top analyst sees comeback
Investors who are “apathetic” or negative toward banks will change their stance in the year’s second half, according to RBC Capital Markets’ top banking analyst. Gerard Cassidy...
Brex drops small business customers as Silicon Valley adjusts to new reality
Brex Co-Founder & CEO Henrique Dubugras speaks onstage during TechCrunch Disrupt San Francisco 2019 at Moscone Convention Center on October 02, 2019 in San Francisco, California. Steve Jennings | ...
U.S. Stocks Poised to Fall on Monday
Stocks are set to open lower on Monday ahead of another busy earnings week. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Text size U.S. stocks are se...